Even though Pinduoduo has been somewhat immune to the crisis, shares dropping 2.89% to $132.59 at 09:42 EST on Wednesday, following yesterday’s downward trend. The Nasdaq Stock Market is rising 1.28% to $12,355.10, following yesterday’s upward trend, on what up until now seems, an all-around positive trend exchanging session today.
Pinduoduo’s last close was $138.81, 17.36% under its 52-week high of $155.61.
Pinduoduo’s sales growth is 85.8% for the ongoing quarter and 189.2% for the next. The company’s growth estimates for the ongoing quarter and the next is 170% and 76.9%, respectively.
Pinduoduo’s Stock Top and Bottom Yearly Value
Pinduoduo’s stock is valued at $132.59 at 09:42 EST, way below its 52-week high of $155.61 and way higher than its 52-week low of $30.20.
Pinduoduo’s Moving Average
Pinduoduo’s value is way above its 50-day moving average of $109.53 and way higher than its 200-day moving average of $88.16.